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201A & 201B Cambridge Road, Hillcrest, Hamilton City

Investor Opportunity. Two Hillcrest Units to be Sold Together

dollar

$830,000

Multiple properties
Multiple properties
Bedroom
4
Bathroom
2
Garage
1
Covered park
2
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Property details

Listing # HM58237 | Listed on 16 March

A rare opportunity for investors to secure two well maintained units in the sought after suburb of Hillcrest. Both units are to be sold together, providing an immediate dual income stream in a consistently popular rental location.

The property is conveniently located close to the Hillcrest Shopping Centre, medical centres, public transport, and all levels of schooling, and is only minutes from the University of Waikato. Easy access to major arterial routes further enhances the tenant appeal of this location.

Both units are in excellent condition and feature modern kitchens and bathrooms, quality carpets, spacious living areas with ranch sliders, two good sized bedrooms, and private outdoor settings. The rear unit also benefits from a flat grassed area at the back.

Each unit has a carport, there is a garden shed, and the rear unit also includes a single storage garage at the rear. Positioned off the road, the units are private and quiet while still being close to all Hillcrest amenities.

Both properties are on fee simple cross lease titles with defined areas and currently have fixed term tenants in place. Unit 1 is tenanted until August 2026 and Unit 2 until October 2026, providing a combined rental return of approximately $49,000 per annum.

A solid, low maintenance investment in a proven rental location. The owners are selling their investments for future plans, creating a genuine opportunity for investors looking to add a quality asset to their portfolio.

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Additional features

Water closet
2 Separate toilets
Rates
Rates: $6,662.54 per annum
Other Features: X2 Heat Pump,X2 Rangehood,X2 Stove,Joinery - Timber + Aluminium,X1 Fridge,X2 Carport

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